Bitcoin - $200.000 price target!

Hello Traders and Investors, today I will take a look at Bitcoin.

--------

Explanation of my video analysis:

More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle formation and is currently retesting upper resistance. We might get a pullback but the overall trend is still very very bullish.

--------

Keep your long term vision,
Philip (BasicTrading)

Nota

Bitcoin is correcting a little bit and everybody is freaking out.

Just look at the technicals, situation is still more than clear:

Nota

Keep in mind that BTC is still in a massively bullish trend...

Absolutely no reason to freak out and run away - volatility is normal!

TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD

Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD

Juga pada: